Webb“Zweig ( Belly Up: The Collapse of the Penn Square Bank ), artfully blends Wriston’s personal and business lives, along with the American banking scene in the 1940s through the mid-1980s, into a compelling story. WebbAmong banks, Penn Square was regarded as a maverick energy lender willing to fund the unorthodox and take a risk. It would "bank" a borrower that other banks would not. It was, to say the least, aggressive in lending to the new oil and gas exploration firms, production companies, and ...

The Penn Square Bank failure: Effect on commercial bank security ...

Webb22 nov. 2013 · Regulations at the time prohibited banks and bank holding companies from branching and owning banks across state lines, which led many of them to purchase loans from banks in other states. Continental Illinois had purchased $1 billion in speculative energy-related loans from Oklahoma-based Penn Square Bank, loans that originated … WebbBelly Up: The Collapse of the Penn Square Bank. “Mr. Zweig has put together an extraordinary piece of research that is a business book only in the loosest sense; what … chunk loader mcpe

Penn Square Bank The Encyclopedia of Oklahoma …

WebbWeek, Aug. 2, 1982, at 60-62. By way of contrast to other Oklahoma banks, when Penn Square was closed, Oklahoma's largest bank, First National Bank of Oklahoma City, had … Webb16 aug. 1982 · Clifford has declined comment on all aspects of the Penn Square collapse. Liquidity Problems By 1980, Penn Square was generating energy loans so quickly that it … Webb10 juli 1992 · Penn Square marked the first time the Federal Deposit Insurance Corp. had not paid depositors whose accounts exceeded the $100,000 insured limit. Those 962 … detective fowler four brothers